Market Watch

Monday 12 January 2015

Stock Market Closing News— Nifty ends above 8330; HUL & Infosys up



The market has ended with smart gains. The Sensex is up 126.89 points at 27585.27 and the Nifty is up 38.50 points at 8323.00.
Traders will closely watch the retail inflation print, due to be released at 1130 GMT, which is likely to determine the central bank's stance during its monetary policy review on Feb. 3.
A poll showed the consumer price index accelerating to 5.4 percent in December from 4.4 percent in November, but still within the central bank's comfort zone.
The benchmark BSE index closed 0.46 percent higher at 27,585.27
 About 1651 shares have advanced, 1258 shares declined, and 373 shares are unchanged.
 HUL gained 4 percent, followed by  L&T, Infosys, HDFC and BHEL. Coal India lost 4 percent while Hindalco, Bharti Airtel, Bajaj Auto and Hero MotoCorp.
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